The total value of non-residential building work approved in 2001 ($13.3b) increased by 8% over the value approved in 2000 (table 20.13). The value of non-residential building work done in 2001 fell 6% (to $12.6b) from the total work done in 2000.

The value of non-residential building work approved in 2001 was 5% higher than the value of work done (reversing the outcome in 2000, when approvals exceeded work done by 10%). A pattern of the value of approvals exceeding the value of work done has, in the past, indicated a period of accelerating activity in this sector, with more new work coming on stream.

In 2001, shops and offices together accounted for about 37% of the value of non-residential building approved and of work done. This was similar to their share of approvals and work done in 2000.